10 June 2021

Impact Report StartGreen Capital 2020 published

10 June 2021

We have our Impact Report 2020 Published. In a year that also turned out differently than expected for us, we are nevertheless proud to report that StartGreen Capital, with its funds, has been able to achieve significant results. This means that StartGreen Capital truly functions as a catalyst for sustainable progress.

Since 2006, StartGreen Capital has had sustainable impact for an inclusive and circular economy in its DNA. StartGreen supports entrepreneurs who contribute to a sustainable and inclusive society with innovative technologies, products, or services. This is the driving force behind all investments we make. We focus on projects and companies that contribute to at least one of the Sustainable Development Goals (SDGs), with a focus on three themes: energy transition, circularity and Diversity & Inclusion. Our vision is that financial and social returns can go hand in hand.

Despite 2020 being an exceptional year due to COVID-19, StartGreen Capital disbursed a total of €71 million through 51 financings to sustainable companies during this year (compared to €70.5 million and 52 companies in 2019). Furthermore, an additional €23 million in capital was committed (compared to €56 million in 2019) to enable new investments in the transition to a sustainable economy. In addition to the above, a large part of the StartGreen Capital team was involved in the assessment of more than 200 applications for the Corona Bridging Loan (COL) in the Province of North Holland. This provided a significant number of businesses with emergency capital at very short notice. To further assist sustainable entrepreneurs through the coronavirus crisis, StartGreen Capital established the StartGreen Fund Sustainable SMEs in 2020.

We hope to make many new investments in 2021 and thus continue to contribute to the transition to a sustainable society. Even during this special year, the companies to which we have provided financing have made enormous efforts to contribute to a more sustainable and social future. You can read about our impact in 2020 in our Impact Report.